Trade Idea
A bullish reverse Head and Shoulders has formed.
Neckline support is 11850.
Price action looks to be forming a bottom.
Bespoke support is located at 11815.
Further upside is expected although we prefer to set longs at our bespoke support levels at 11815, resulting in improved risk/reward.
We look to Buy at 11815
Stop: 11750
Target 1: 12010
Target 2: 12200
A bullish reverse Head and Shoulders has formed.
Neckline support is 11850.
Price action looks to be forming a bottom.
Bespoke support is located at 11815.
Further upside is expected although we prefer to set longs at our bespoke support levels at 11815, resulting in improved risk/reward.
We look to Buy at 11815
Stop: 11750
Target 1: 12010
Target 2: 12200
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.